Exclusive - New Condo in the Works for the Mill District?
I've spoken with 3 reliable sources over the past 3 weeks who've confirmed that developer Jim Stanton is pursuing the purchase of a property currently owned by Cenveo Corp. The property is a full block, which would allow for a project with hundreds of units.
The Minneapolis/St. Paul Business Journal published a story last week announcing the closure of the facility by the owner:
"Cenveo Corp. will permanently close its commercial printing facility at 121 12th Ave. S. by the end of March, according to a mass layoff warning sent to the Minnesota Department of Employment and Economic Development and obtained by the Business Journal."
The property in question is outlined in red, lower right corner, below:
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